4.0: May a player buy and sell the same share, or different shares
of the
same railroad, during a single player turn of a Stock Round?
A: Yes.
10.0: If a railroad stock is valued in the Brown Zone and has shares
for
sale in both the Bank Pool and as Initial Offering, can all the shares
in
both places be bought simultaneously?
A: No. Stock may be purchased from the Bank Pool or Initial Offering,
but
not from both in the same player turn of a Stock Round. The special
buying
rules for stock in the Brown Zone apply only to those shares available
in
the Bank Pool, not those remaining in the Initial Offering. Those shares
may still only be bought one at a time.
10.0: If two different corporations have stock available for sale in
the
Bank Pool and both are valued in the Brown Zone, can one player buy
up all
the stock available for both?
A: No, you may buy stock in only one corporation per player turn.
19.0: If a tile placed on the base hexagon of a corporation not yet
operating has spaces for two tokens, can another railroad occupy one
space
with its token -- leaving the second space free for the base corporation?
A: Yes.
19.0: Does the first sentence of the second paragraph mean that each
railroad begins its first turn of operations by immediately playing
a token
on its base hex, thereby establishing a railroad and allowing track
construction that turn?
A: Yes, precisely.
19.0: Does the token placed as a special feature of the D&H Private
Company
count as a corporation's one token placement that turn?
A: Yes, but remember that a railroad can still place a token on its
base
hexagon for free in its first turn of operations.
20.2: If all Diesels have been purchased and no 5 or 6 trains are available
from the Bank, should the Bank be assumed to have an unlimited number
of
Diesels?
A: No. In this unlikely event, a corporation without a train cannot
buy
one from the Bank, so it just will not make any more money and its
stock
will continue to fall in value unless it can buy a train from another
corporation.
20.2: If a railroad has no trains and no trains remain for sale in the
bank
(all '5', '6' and Diesel trains are already owned), is the railroad
really
doomed to fall in value because it may not pay dividends?
A: Yes.
21.0: If a railroad has no train but has the cash to buy one from the
bank,
may it instead purchase a train from another corporation (and perhaps
even
pay more than the bank's train would cost)?
A: Yes (yes).
21.0: May the president of a corporation sell a train to another
corporation he is also president of, and then have the second railroad
operate the train during the current Operating Round?
A: No. Trains are not sold, they are _bought_. There is a distinction.
Any transfer of trains takes place during the purchaser's turn. The
purchase of trains occurs in Step 5 of the operating sequence, after
Step 3
when a railroad runs its trains. Therefore trains cannot be operated
during
the same Round they are acquired. If that were not so, all eight railroads
could operate using the same single train.
23.1: Does the sale of a private company between two players count as
a
transaction for the purpose of placing the Priority Deal Card?
A: No. The Priority Deal Card pertains only to transactions passing
through the Bank, not the transfers of private companies between players.
Note however that all sales and purchases of stock take place between
a
player and the Bank.
24.0: When selling stock to assist a corporation in purchasing a train,
must the shares be sold as a block or can they be sold one at a time,
receiving the next lower share value each time?
A: Either way is proper, but the second procedure seems reasonable
if you
are trying to go Bankrupt.
24.0: When a railroad has no trains but does have the cash to buy one
from
the Bank, may the president add some of his personal funds to buy a
train
instead from another corporation?
A: No. The President's cash may only be used to raise necessary funds
when
buying a train from the Bank.
Table 1: When exercising the D&H's special feature on behalf of
either the
NYC or Erie (both of which must lay a tile on their base hexagon to
establish their base station), may the player lay a city tile and a
station
using the D&H special feature as their first tile placement? If
so, does
the station established in the D&H hexagon count as the first free
token
which the railroad would normally have laid on its base station?
A: Yes. No, the token placed on the D&H hex is free, but another
token
must also be placed (free) on the NYC or Erie base hex, even if no
tile is
there. The first player to thereafter lay a tile on these base hexagons
can
orient the tile and the token as they wish, since the NYC or Erie owner
has
passed the opportunity.